Honestly, I get why it feels like overkill—sometimes even I wonder if lenders are just making up new hoops. But from my side of the desk, I’ve seen files get stuck for weeks because someone’s missing a random document. Compliance rules are strict, especially for H1B borrowers. That “scavenger hunt” folder is actually a smart move... I’ve told clients to keep one too, just in case. It’s not fun, but it’s way better than scrambling at the last minute when an underwriter suddenly needs proof you lived at your address six months ago. I wish I could say there’s a more transparent way, but right now, it’s just about being over-prepared.
That “scavenger hunt” folder has saved a few of my clients, honestly. I’ve seen deals nearly fall apart because someone couldn’t dig up an old I-94 or a random utility bill. Lenders get nervous if even one thing’s missing. It’s a pain, but having everything in one place really does make the process smoother. I wish there was a more streamlined way too, but for now, being over-prepared is just part of the game.
Yeah, I’ve had deals go sideways just because someone didn’t have their employment authorization handy, or their proof of funds was missing a page. It’s wild how picky underwriters get, but I get it—they’re just covering themselves. I usually recommend clients keep digital copies on a cloud drive, but even then, there’s always that one doc that holds everything up. Has anyone figured out a better way to keep all this stuff organized, or is the “scavenger hunt” just part of the ride for now?
Honestly, it feels like the scavenger hunt is just baked into the process at this point. I’ve seen files stall for days over a missing paystub or a visa renewal receipt. Even with checklists, something always slips through. Cloud drives help, but I’ve started nudging folks to keep a running folder on their phone too—sometimes that random screenshot saves the day. It’s not perfect, but it cuts down the last-minute scramble.
Even with checklists, something always slips through.
Yeah, that’s the story every time. I’ve had clients lose out on a rate lock because we were waiting for a single bank statement. The phone folder idea’s solid—just make sure stuff’s actually legible. Lenders get picky about blurry screenshots.
